In today’s time having a life insurance policy has its own significance. It not only provides financial protection to the family but has numerous different benefits too. In order to meet the burgeoning needs of the insurance seekers, the insurance companies are coming up with wide range of life insurance plans in the market. With… Continue reading Know Simple Procedures of Using the Insurance Calculator
Income Tax Slab Rates for Financial Year 2017-18 (The assessment year 2018-19): For the fiscal year 2017-18, Income Tax Slab rate equal to Rs. 5 lakhs has declined from 10 percent to 5 percent. Part I: Slab rate for Income Tax for Individual Taxpayers and Hindu Undivided Family (HUF) (Not more than 60 years of… Continue reading New Income Tax Slab Rates for FY 2017-18
We all file ITR every year, but many of us are not aware of the process of Income Tax Refund is done. You have the eligibility to get the income tax refund if you have made a payment of more tax to the administration or government than the actual liability of tax. This generally happens… Continue reading How to Get Income Tax Refund in India?
Overview Purchasing LIC policies is very common among the average Indian as the benefits of doing so are numerous. The Life Insurance Corporation of India has been around for awhile now and has earned a good reputation of providing customers with sound life insurance and other LIC plans that have been easy to claim as… Continue reading Important Things to Know about paying Life Insurance Premium
Overview It is our duty to pay our taxes on time for the development of our country, however poor tax planning can ruin the joy of employment if you do not save cleverly. Read on to know how to save tax in India. Restructuring of your Salary Along with the professional tax you pay every… Continue reading Tips to Save Income Tax for Salaried Person
Consider this situation; You get a salary hike of 30 percent, but when the amount hits your bank account, there’s hardly any increase. This happens when your salary structure is flawed, and a lot of possible attempts at maximizing your takeaway amount is not made. A thorough planning of your salary structure can go a… Continue reading How to Devise a Tax-Friendly Salary Structure
Life insurance products are no less than a must-have instrument for anyone. This is because life insurance products provide comprehensive financial protection and complete peace of mind ensuring a healthy and happy life for people. LIC is the biggest life insurance company in the country and it is difficult not to talk about LIC when… Continue reading Everything You Need to Know About LIC Jeevan Lakshay Policy